7402 Lake Ridge Pkwy, Grand Prairie, TX 75052 – Apartment Garden (1 - 4 stories)

ApartmentsYear Built 2019Total Assessed Value $84,000,000County Dallas

Property Details

The Apartments property 7402 Lake Ridge Pkwy, Grand Prairie, TX 75052 is located in Dallas County. The specific property type is Apartment Garden (1 - 4 stories). The total assessed value of this property is $84,000,000.

The gross building area is 443,700 square feet and the land area is 683,587 square feet for this Apartment Garden (1 - 4 stories) built in 2019.

Legal description: Mansions At Lake Ridge Lt 1 Acs 15.693 Int202100291387 Dd09282021 Co-Dc 1312500000100 5Cp13125000

$84,000,000

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

$1,939

Avg Rent

Property Image of 7402 Lake Ridge Pkwy, Grand Prairie, TX 75052, Apartments

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Property Information

Property TypeApartments

Sub Property TypeApartment Garden (1 - 4 stories)

Building Area443,700

Land Size683,587

Land Value$3,417,940

Improved Value$80,582,060

Total Assessed Value$84,000,000

Year Built2019

County NameDallas

Account Number28131250000010000

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingCentral

PoolHot Tub/Spa/Jacuzzi,Swimming Pools

Type ConstructionFrame

No of Stories3

Garage TypeAttached Garages,Covered Parking/Carport,Detached Garages,Parking Garage

Bedrooms22

Bathrooms22

Access Gates1

Jogging Trail1

Business Center1

Walk-in Closets1

Emergency Maintenance1

Granite Countertops1

Steel Appliances1

10ft Ceilings1

Number of Units406

Exterior WallsBrick

Sales History

9/28/2021

Arms-length$82,875,000

Buyer

Bvf V Grand Prairie Llc

Seller

Wria 2017 2 Lp

Book Number

2021.291387

Recording Date

9/28/2021

Transaction Details

Bvf V Grand Prairie Llc acquired the property from Wria 2017 2 Lp through a Arms-length transaction on 9/28/2021 for $82,875,000.

Property constructed in 2019

YSale Price (USD) byXSales Year

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Mortgage History

9/29/2021

Sale$66,300,000

Borrower

Bvf V Grand Prairie Llc

Lender

Jll Real Estate Capital Llc

Book Number

2.021E+11

Recording Date

9/29/2021

Transaction Details

Bvf V Grand Prairie Llc borrowed the property from Jll Real Estate Capital Llc through a transaction on 9/29/2021 for $66,300,000.

2/2/2021

Arms length residential transactions purchase or resales$36,630,000

Borrower

Wria 20176 Lp

Lender

Bbva Usa

Book Number

2021.32719

Recording Date

2/2/2021

Transaction Details

Wria 20176 Lp borrowed the property from Bbva Usa through a Arms length residential transactions purchase or resales transaction on 2/2/2021 for $36,630,000.

Property constructed in 2019

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$3,417,940	$88,870,500	$92,288,440	$92,288,440	Bvfv Grand Prairie L...	Po Box 92129	Mansions At Lake Rid...	2PS009	-	683,587	443,700
2025	$3,417,940	$80,582,060	$84,000,000	$84,000,000	Bvfv Grand Prairie L...	Berkshire Group Po B...	Mansions At Lake Rid...	2PS009	Mansions At Lake Rid...	683,587	443,700
2024	$3,417,940	$93,582,160	$97,000,100	$97,000,100	Bvfv Grand Prairie L...	Po Box 92129	Mansions At Lake Rid...	2PS009	MANSIONS AT LAKE RID...	683,587	443,700
2023	$3,417,940	$93,582,060	$97,000,000	$97,000,000	Bvfv Grand Prairie L...	%berkshire Group, Po...	Mansions At Lake Rid...	2PS009	MANSIONS AT LAKE RID...	683,587	443,700
2022	$3,417,940	$88,082,060	$91,500,000	$91,500,000	Bvfv Grand Prairie L...	14001 Dallas Pkwy St...	Mansions At Lake Rid...	2PS009	-	683,587	443,700
2021	$3,417,940	$16,582,060	$20,000,000	$20,000,000	Wria 20176 Lp	2505 S State Hwy 360...	Mansions At Lake Rid...	2PS009	MANSIONS AT LAKE RID...	683,587	100,000
2020	$3,417,940	$5,690,000	$9,107,940	$9,107,940	Wria 20176 Lp	2505 S State Hwy 360...	Mansions At Lake Rid...	2PS009	-	683,587	100,000
2019	$3,417,940	-	$3,417,940	$3,417,940	Wria 20176 Lp	2505 S State Hwy 360...	Mansions At Lake Rid...	2PS009	MANSIONS AT LAKE RID...	683,587	-

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
7402 Lake Ridge Pkwy, Grand Prairie, TX 75052	28131250000010000	Apartments	Apartment Garden (1 - 4 stories)	Bvfv Grand Prairie Llc	Dallas	-	$ 82,875,000	2021-09-28	$ 186.78	2019	443,700	406
320 W Pleasant Run Rd, Cedar Hill, TX 75104	16037720000010000	Apartments	Apartment Garden (1 - 4 stories)	Jpt Cedar Hill Investco I Llc	Dallas	5.0	$ 56,867,500	2024-11-26	$ 151.94	2018	374,277	300
2000 Nahvi Rd, Mansfield, TX 76063	42821400	Apartments	Apartment Garden (1 - 4 stories)	Ch Realty Ixjlb Mf Dallas Man	Tarrant	4.7	$ 66,832,500	2025-08-21	$ 156.64	2022	426,667	1
401 N State Hwy 360, Mansfield, TX 76063	42662484	Apartments	Apartment Garden (1 - 4 stories)	Pleasanton Housing Finance Cor	Tarrant	3.4	$ 70,323,750	2024-09-06	$ 207.32	2021	339,196	354
365 Uptown Blvd, Cedar Hill, TX 75104	160456400A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bw Midtown Cedar Hill Llc	Dallas	5.1	$ 59,045,350	2025-10-16	$ 132.34	2013	446,164	354
2650 S Forum Dr, Grand Prairie, TX 75052	40975517	Apartments	Apartment Garden (1 - 4 stories)	Cw Forum Llc	Tarrant	6.5	$ 40,358,850	2024-11-19	$ 119.51	2005	337,690	304
1225 Ih 20, Grand Prairie, TX 75052	28103730010020000	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corp	Dallas	5.6	$ 85,600,000	2024-12-20	$ 176.39	2021	485,300	380
6165 Ridge Center Dr, Dallas, TX 75236	00000816038101100	Apartments	Apartment Garden (1 - 4 stories)	Jefferson Cedar Ridge Llc	Dallas	8.1	$ 63,042,000	2025-11-07	$ 165.19	2022	381,633	360
735 Washington Dr, Arlington, TX 76011	42642581	Apartments	Apartment Garden (1 - 4 stories)	Pecos Housing Finance Corporat	Tarrant	12.9	$ 79,096,300	2024-12-13	$ 172.39	2020	458,819	346
4123 Cedar Springs Rd, Dallas, TX 75219	001502000A01A0000	Apartments	Apartment Garden (1 - 4 stories)	Cedar Springs I Llc &	Dallas	19.9	$ 158,381,617	2025-07-02	$ 544.83	2008	290,699	324
800 Lake Carolyn Pkwy, Irving, TX 75039	320044000A0010000	Apartments	Apartment Garden (1 - 4 stories)	Bcm Atlantic Lakeshore Lofts	Dallas	19.8	$ 61,479,250	2024-12-09	$ 176.06	2007	349,199	341

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Nearby Lenders

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Search:

Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	7402 Lake Ridge Pkwy, Grand Prairie, TX 75052	—	-	683,587	2019	443,700	$ 84,000,000	$ 3,417,940	-
Northmarq Capital Llc	1625 Constitution Pkwy, Arlington, TX 76010	09/10/2025	$ 20,894,000	667,578	1970	250,163	$ 38,377,331	$ 1,168,262	-
Berkeley Point Capital Llc	1500 E Arbrook Blvd, Arlington, TX 76014	08/20/2025	$ 35,553,000	1,533,747	1998	529,992	$ 79,249,520	$ 4,026,086	-
Keybank National Association	211 N Joe Wilson Rd, Cedar Hill, TX 75104	08/01/2025	$ 30,875,000	728,323	2022	176,010	$ 29,225,460	$ 585,200	Smc Cedar Hill Llc
Berkeley Point Capital Llc	4940 S State Hwy 360, Grand Prairie, TX 75052	08/01/2025	$ 14,171,000	369,780	2005	171,367	$ 10,395,850	$ 795,029	At Owner 15 Lp
Acre Credit Fund Ii Gs Ii Llc	250 W Arbrook Blvd, Arlington, TX 76014	06/27/2025	$ 28,250,000	165,497	2017	226,405	$ 26,500,000	$ 1,365,351
Arbor Realty Sr Inc	Bardin Rd, Grand Prairie, TX	05/15/2025	$ 50,000,000	1,018,748	2022	298,234	$ 28,664,102	$ 3,565,618	South Central Development Llc
Ent Community Loan Fund Inc	501 Kings Way Dr, Mansfield, TX 76063	04/30/2025	$ 794,000	102,192	1985	24,208	$ 1,317,980	$ 153,288	Pecan Bend Apartments Ltd
Wells Fargo Bank Na	602 Pioneer Pkwy, Grand Prairie, TX 75051	04/11/2025	$ 36,829,000	651,470	1970	254,686	$ 31,375,100	$ 1,302,940	Pioneer Parkway Owner Llc
First Financial Bank	311 Fouts Ave, Duncanville, TX 75137	04/10/2025	$ 350,000	15,000	1964	9,000	$ 655,000	$ 120,000	Fain Family First Limited Part
First Financial Bank	355 Fouts Ave, Duncanville, TX 75137	04/10/2025	$ 350,000	15,000	1965	9,000	$ 450,000	$ 120,000	Fain Family First Limited Part

Mean$ 34,140,808

Median$ 22,115,000.0

Loan Amount Range$ 350,000 - $ 305,546,000

Showing 1 to 10 of 26 entries

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Tenant Details

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License Details

License Number

32088003382

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

5/25/2023

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	TWINZ WHOLESALE LLC
	Address Line	7402 lake ridge pkwy apt 2221
	City / State / Zip	grand prairie TX 75054
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48113
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	75054
Registration Details	SOS Code

License Timeline

License Issued

5/25/2023

Currently Active

Status: -

Renewal Required

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